Middle income | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars. Development relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. Statistical concept and methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.
Publisher
The World Bank
Origin
Middle income
Records
63
Source
Middle income | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
39185882197.6 1970
46142998323.2 1971
53096409275.7 1972
65340932850.4 1973
79742321684.4 1974
99555771609.4 1975
121169688611.1 1976
152458379926.8 1977
193645060307.3 1978
228970549158.9 1979
276699801216.9 1980
307059541752.3 1981
351412675417.3 1982
410284046541.9 1983
450509953312.2 1984
522755326191.8 1985
608756678061.9 1986
726406744430.7 1987
747727209679.9 1988
797030033011.6 1989
846079764801.4 1990
875399183769.3 1991
894227235902.3 1992
982335669046.3 1993
1071161416867.6 1994
1120841095453.3 1995
1111522642962.2 1996
1100889503286 1997
1169999969064.7 1998
1188222587724.1 1999
1136343959882.9 2000
1117033449372.7 2001
1165145852137.5 2002
1210551283502.5 2003
1290072607147 2004
1166357487538.2 2005
1146640458335.4 2006
1250752434551.3 2007
1282980144771.4 2008
1371531482443.1 2009
1503257241816.6 2010
1633848525233.6 2011
1836256854338.8 2012
2034910569853.9 2013
2189949451031.2 2014
2218695653266.3 2015
2348119525498.6 2016
2664700630283.9 2017
2837465174450.2 2018
3025348920985.8 2019
3247290048761.2 2020
3365630095670.9 2021
3325149966921.9 2022
Middle income | External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars. Development relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. Statistical concept and methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.
Publisher
The World Bank
Origin
Middle income
Records
63
Source